Ethnic Tourism Market, By Tour Type (Cultural Tour, Heritage Tour, Food Tour, Arts & Craft Tour, and Others), By Traveler Type (Solo and Group), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Description

The ethnic tourism market is estimated to be valued at USD 13.94 Bn in 2024 and is expected to reach USD 35.54 Bn by 2031, growing at a compound annual growth rate (CAGR) of 14.3% from 2024 to 2031.

Figure 1. Ethnic Tourism Market Share (%), By Region, 2024

Ethnic tourism refers to tourism motivated by the experience of different cultures. It allows travelers to immerse themselves in the daily lives, traditions, arts, crafts, food, and rituals of ethnic communities. It offers tourists an authentic experience through interactions with local people and businesses. As travelers increasingly seek unique experiences that are different from mainstream tourism, ethnic tourism has become a growing market segment globally.

Market Dynamics:

The global ethnic tourism market is driven by factors such as increasing disposable incomes, growing preference for experiential travels, expanding middle class population particularly in emerging economies, and easy availability of travel-related information online. However, high travel costs restrain the market growth. The development of infrastructure in remote areas with strong ethnic cultures presents significant opportunities for market expansion. Increased promotion by governments and tour operators focusing on unique ethnic experiences can further boost the ethnic tourism market.

Key Features of the Study:

This report provides an in-depth analysis of the global ethnic tourism market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global ethnic tourism market based on the following parameters, company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Ethnic Travel, Ethnic Travel Laos, Ethnic Ties LLC, MATHINI TRAVEL Pvt. Ltd., Intrepid Travel, Responsible Tourism India, Responsible travel, Basecamp Explorer AS, Wild Frontiers Adventures Travel, Beyonder Experiences, Bouteco, Fareportal/Travelong, AAA Travel, JTB Americas Group, Ovation Travel Group, Kesari Tours Pvt. Ltd., Carlson Wagonlit Travel, Martin Randall Travel Ltd., and Travel Leaders Group
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global ethnic tourism market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Detailed Segmentation-

By Tour Type:
- Cultural Tour
- Heritage Tour
- Food Tour
- Arts & Craft Tour
- Others
By Traveler Type:
- Solo
- Group
By Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Ethnic Travel
- Ethnic Travel Laos
- Ethnic Ties LLC
- MATHINI TRAVEL Pvt. Ltd.
- Intrepid Travel
- Responsible Tourism India
- Responsible travel
- Basecamp Explorer AS
- Wild Frontiers Adventures Travel
- Beyonder Experiences
- Bouteco
- Fareportal/Travelong
- AAA Travel
- JTB Americas Group
- Ovation Travel Group
- Kesari Tours Pvt. Ltd.
- Carlson Wagonlit Travel
- Martin Randall Travel Ltd.
- Travel Leaders Group

Product Code: CMI7008

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Tour Type
- Market Snippet, By Traveler Type
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Traveler Type Trend

4. Global Ethnic Tourism Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Ethnic Tourism Market
Impact Analysis

5. Global Ethnic Tourism Market, By Tour Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Cultural Tour
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Heritage Tour
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Food Tour
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Arts & Craft Tour
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

6. Global Ethnic Tourism Market, By Traveler Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Solo
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Group
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

7. Global Ethnic Tourism Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Tour Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Traveler Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Tour Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Traveler Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Tour Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Traveler Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Tour Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Traveler Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Tour Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Traveler Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

8. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Ethnic Travel
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- Ethnic Travel Laos
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- Ethnic Ties LLC
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- MATHINI TRAVEL Pvt. Ltd.
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- Intrepid Travel
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- Responsible Tourism India
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- Responsible travel
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- Basecamp Explorer AS
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- Wild Frontiers Adventures Travel
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- Beyonder Experiences
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- Bouteco
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- Fareportal/Travelong
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- AAA Travel
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- JTB Americas Group
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- Ovation Travel Group
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- Kesari Tours Pvt. Ltd.
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- Carlson Wagonlit Travel
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- Martin Randall Travel Ltd.
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates
- Travel Leaders Group
  - Company Overview
  - Tour Type Portfolio
  - Recent Developments/Updates

9. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
About Us and Sales Contact
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